BRIEF-Shams Tourism FY Loss Widens

TECO -1.14%

TECO

4170.SA

0.87

-1.14%

- TOURISM ENTERPRISE COMPANY 4170.SE:

  • FY NET LOSS 44.2 MILLION RIYALS VERSUS LOSS OF 7.2 MILLION RIYALS YEAR AGO

  • FY SALES 9.61 MILLION RIYALS VERSUS 10.2 MILLION RIYALS YEAR AGO

  • FY SAW DECREASE IN DAILY ACCOMMODATION REVENUES

  • FY SAW INCREASE IN ANNUAL FEES AND RENTAL REVENUES

  • ACCUMULATED LOSSES AT END-DEC 12.9% OF CAPITAL

Further company coverage: 4170.SE


((Reuters.Briefs@thomsonreuters.com;))

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